Mint Lite | India, Brexit negotiations, France, Black Friday sales, Tyson and others

0
48


The United States has become the second largest source of foreign direct investment (FDI) in India, replacing Mauritius, in the first half of the current fiscal year, according to data from the Ministry of Trade and Industry, reports PTI . In April-September 2020, India attracted FDI worth US $ 7.12 billion and Mauritius $ 2 billion, which rose to the fourth position, according to ministry data Promotion of industry and internal trade. According to experts, the increase in FDI from the United States reflects the strengthening of economic ties between the two countries.
Brexit negotiations enter final round

UK Foreign Secretary Dominic Raab said Brexit trade talks with the EU were in a ‘reasonable’ position and both sides had made progress on competition issues

The next few weeks will decide whether Britain will finally leave the European Union (EU) with or without a trade deal. British Foreign Secretary Dominic Raab said Brexit trade talks with the EU were in a “reasonable” position and that both sides had made progress on competition issues. Still, significant differences existed on fishing, Reuters reported. Face-to-face talks between Britain and the EU resumed on Saturday as the two sides attempt one last time to reach a deal just five weeks before the end of their current relationship. The first sign of movement – either towards a deal or towards the talks collapsing – will likely be a call between UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen major points of friction between the two parties: fishing, state aid and how to resolve any future disputes.

France ignites


View full picture
Protests erupted in France against a security bill that would make it a criminal offense to film or take photos of police officers with malicious intent, media reported.

Protests erupted in France against a security bill that would criminalize filming or taking photos of police officers with malicious intent, media reported. Tens of thousands of critics of the bill protested across France on Saturday, and officers in Paris who were advised to behave responsibly during protests repeatedly fired tear gas to disperse rowdy protesters which torched France’s central bank and threw cobblestones, The Associated Press reported. Civil liberties groups, journalists and those who have been victims of police violence fear that the measure will undermine press freedom and allow police brutality to go unpunished and unpunished. Among the protesters were journalists, students, left-wing activists and migrant rights groups voicing their anger at what they perceive to be hardening police tactics in recent years, especially as the movement French protest of yellow vests against economic hardship appeared in 2018.

Ethiopia declares victory

Ethiopian Prime Minister Abiy Ahmed said on Saturday that military operations in the troubled Tigray region have ended and federal troops are in control of the regional capital.
View full picture
Ethiopian Prime Minister Abiy Ahmed said on Saturday that military operations in the troubled Tigray region are over and federal troops are in control of the regional capital.

After nearly four weeks of relentless violence, Ethiopian Prime Minister Abiy Ahmed said on Saturday that military operations in the turbulent Tigray region are over and federal troops are in control of the regional capital. However, the leader of the Popular Front for the Liberation of Tigray (TPLF), whose forces were fighting Ethiopian troops, said the group was not giving up. The claims have been difficult to verify as phone and internet links to Tigray continue to be cut and access tightly controlled since the fighting began on November 4. The ruling government tried to quell a TPLF rebellion that had dominated the central government for decades. Ahmed came to power in 2018. Thousands of people were reportedly killed and nearly 44,000 fled to Sudan, in a conflict that has called Ahmed’s governing capacity into question.

U.S. Black Friday sales hit record high

If you've seen any of the sales ads on your social media then Black Friday would be a new one to notice.
View full picture
If you’ve seen any of the sales ads on your social media, then Black Friday would be a new one to notice.

If you’ve seen any of the sales announcements on your social media, Black Friday would be a new one to notice. Even as brands in India join the big Black Friday discount trend, online sales in the United States hit a record high on the occasion, reports The Associated Press. Consumers spent about $ 9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. This is a 22% increase from the previous record of $ 7.4 billion set in 2019. That’s quite high, even when you factor in that most American buyers are now staying at home due to of the pandemic. In-store sales fell, however, as retailers tried crowd control measures by cutting working hours. Jewelry and shoes saw some of the biggest drops in in-person sales, according to RetailNext, a purchase tracker. Clothing sales fell 50%, while sales of household items fell 39%.

Tyson returns to the ring

Legendary boxer Mike Tyson entered the ring again for a lively exhibition fight with Roy Jones Jr, 51
View full picture
Legendary boxer Mike Tyson entered the ring again for a lively exhibition fight with Roy Jones Jr, 51

In a year of many disappointments, at least there has been something to cheer up. Legendary boxer Mike Tyson entered the ring again for a lively exhibition match with Roy Jones Jr., 51, unofficially judged a toss by WBC judges at ringside, the game of exhibition saw both fighters show off their prowess, AP reports. Tyson and Jones fought in eight two-minute rounds, and both walked out smiling and apparently healthy from a very unusual event at Staples Center on Saturday night. While many critics called the event an unsportsmanlike spectacle, fans surely got the most out of it, as the traction on social media showed. Tyson retired from boxing in 2005, claiming he no longer “had the courage or the heart to fight” after stopping in a dismal loss to his mate Peter McBride. Finally freed from the relentless pressure of his sport, Tyson gradually turned his life around, kicking himself. describes drug addiction.

Organized by Sohini Sen. Do you have something to share with us? Write to us at feedback @ livemint or tweet at @shohinisen

To subscribe to Mint newsletters

* Enter a valid email address
* Thank you for subscribing to our newsletter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here